Three-Unit Residential
For Sale
$425,000
24 Bond Street, Hartford, CT 06114
Multi-Family For Sale, Units on different Floors,Units are Side-by-Side, Hartford, CT
Property Size2,440 SF
Lot Size0.11 Acres
Price / SF$174.18
Days on Market106
Property Features for 24 Bond Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
NX-2
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 4, Bathroom 4, Bedroom 3, Bedroom 5
Parking
4
Exterior features
Sidewalk,Garden Area
Basement
Full, Unfinished
Lot features
Level Lot
Elementary school
Per Board of Ed
High school
Bulkeley
Directions
Off Wethersfield Ave
Subdivision
South End
Standard status
Active
Size
2,440 SF
Lot size
0.11 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4472
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public
Building Details
Year built
1920
Architectural style
Other
Buildings
1
Listing Agency:
Golden Rule Realty
(860) 523-1515
Listed By:
Tony Marques
(860) 883-7637
Added: Jul 11
Changed: Oct 24
Last Checked: Oct 24 at 4:06PM
MLS# 24189844
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,440-square-foot triplex, built in 1920, has a three-bedroom, two-bath residence on the second floor and two smaller apartments on the first. Renovation work covered plumbing, electrical systems, windows, insulation, interior walls and ceilings, kitchens, baths, flooring, heating systems, and the roof. One of the smaller apartments is rented month to month for $1,000.
The 0.11-acre property is zoned NX-2 and has public water and sewer. Sidewalks and a garden area are among its exterior features. Schools and public bus service are within walking distance.
The 0.11-acre property is zoned NX-2 and has public water and sewer. Sidewalks and a garden area are among its exterior features. Schools and public bus service are within walking distance.
Key Highlights
- Three‑unit layout: one second‑floor residence and two first‑floor apartments
- 2,440 square feet on a 0.11‑acre lot
- Upper residence includes 3 bedrooms and 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,828
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,560
$716.6K
Cap Rate 7%
$511,829
$511.8K
Cap Rate 9%
$398,089
$398.1K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$54.2K $22.20/SF
− Vacancy
−$3.0K −$1.22/SF
EGI
$51.2K $20.98/SF
− OpEx
−$15.4K −$6.29/SF
NOI
$35.8K $14.68/SF
Area
Hartford, CT
Vacancy
5.51%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,560
Cap Rate 7%
$511,829
Cap Rate 9%
$398,089
Alternative Uses
Best Use
Multifamily LT 5
$511.8K
$447.9K – $597.1K
NOI $35,828 @ 7.0% cap · market cap 8.43%
Second Best
Apartment 5plus
$470.3K
$411.5K – $548.7K
NOI $32,919 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$727.3K
$636.4K – $848.5K
NOI $50,911 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,711
Businesses Nearby
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Business Placement
Demographics for 06114, CT
26,257
Population
11,206
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
4.0 sq mi
ZIP Area
6,564
Density / Sq Mi
$47,905
Median Household Income
$31,996
Median Earnings
$1,296
Median Rent
$228,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The upper residence has three bedrooms and two baths; two smaller apartments occupy the first floor.
Where is this triplex located?
The property is located at 24 Bond Street Hartford, CT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three‑unit layout: one second‑floor residence and two first‑floor apartments; 2,440 square feet on a 0.11‑acre lot; Upper residence includes 3 bedrooms and 2 baths
